Cornerstone Investment Partners is a Georgian based investment advisor with current portfolio of $8.98 billion and QUALCOMM, Inc. (NASDAQ:QCOM), Oracle Corporation (NYSE:ORCL), Bed Bath & Beyond Inc. (NASDAQ:BBBY) as its primary stock holdings. The company filed its latest SEC 13F filing on October 14 and its top 10 stocks account for 39.67% of its overall portfolio.
QUALCOMM, Inc. (NASDAQ:QCOM) is the largest stock holding of Cornerstone Investment Partners with 5,033,101 shares of the company at net market value of $376 million. QUALCOMM, Inc. (NASDAQ:QCOM) has come out as one of the leaders in chip manufacturing and it has current market cap of $128.52 billion with 80% institutional ownership. Fisher Asset Management comes at number one in terms of major investors of QUALCOMM, Inc. (NASDAQ:QCOM) and Generation Investment Management along with Spo Advisory Crop comes next.
Oracle Corporation (NYSE:ORCL) comes at number two in terms of the primary stock holdings of Cornerstone Investment Management, which owns 9,482,869 shares of the company at current market value of $363 million. Oracle has current market capitalization of $170.74 billion and its primary focus is to promote its cloud services in the upcoming years. The company has acquired TOA Technologies and Front Porch Digital to expand its product portfolio. Some of the primary investors of the company include Eagle Capital Management, First Eagle Investment Management and Yacktman Asset Management
The third largest stock holding of Cornerstone Investment Partners include Bed Bath & Beyond Inc. (NASDAQ:BBBY) with 5,497,633 shares of the company at current market value of $361 million. It reported net sales of $2.94 billion during its second quarter 2014 with net earnings of $223 million. Among the primary investors of Bed Bath & Beyond Inc. (NASDAQ:BBBY), Royce & Associates, Renaissance Technologies and Aqr Capital management have the largest investments in the company.
This article has been written by Prakash Pandey.